LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

More terms

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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